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12 July 2024 | 0 replies
I purchased a well-maintained single-family home in a growing suburban community.
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12 July 2024 | 4 replies
In my experience most condos or townhomes don't cash flow well.
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12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.
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12 July 2024 | 7 replies
@Jacob ZivanovichPartnering with someone who can co-sign your loan can be a great way to get started with your house hack, provided the partnership is equitable and well-structured.
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12 July 2024 | 3 replies
Yes you should get a statement from the bank, you can always request it as well!
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12 July 2024 | 23 replies
Over time, a good bet would be to save up enough to find a two-family to house hack with lower money down and move there and rent out this one you own outright which would cash flow nicely. 2-1 single-families can be great for mid-term rentals as well which can 1.4-2.5 your cash flow.
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11 July 2024 | 3 replies
I got one today at the store in queen size for $12.99, the king size is $14.99These are reminiscent of the Charisma/Berkshire comforter that I have been using for the last 7 years in the lake house as well as at home.I will say that these new ones are more of a thin blanket rather than a thicker comforter.
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9 July 2024 | 1 reply
This event celebrates baseball's elite, featuring interactions with legends, stars, and industry leaders.
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12 July 2024 | 8 replies
You will just be capped at the price you paid for the property as your loan amount (which is not typically an issue unless you are buying well below market value.) so, if you can truly get a better deal on the property by paying cash it can make perfect sense.
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12 July 2024 | 5 replies
Thanks @Bryan Montross - sure I will look into other options as well.